Comment by pif
2 days ago
> The Lettre Verte example actually reinforces the point: service got slower, then slower again, not because physics demanded it but because maintaining the previous standard became inconvenient.
Well, it did indeed become inconvenient... for the customers!
Rule no. 0 of economics states that a decreasing demand yields decreasing prices, but rule no. 1 concerns fixed costs: when demand is too low, each customer has to bear a larger share of them.
No comments yet
Contribute on Hacker News ↗